Nifty Scales New High

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Yesterday after a strong rally, the Indian stock market saw the Nifty 50 index surpass its previous all-time high of 25,078.30 points, breaking the 25,100-point mark for the first time, reaching a high of 25,130 points. However, due to profit-taking pressure at the close, the Nifty index slightly retreated, ending at 25,052.30 points, up 34.50 points, or 0.14%. The Sensex index also showed stability, closing up 73.80 points, or 0.09%, at 81,785.56 points

During the trading day, IT and pharmaceutical stocks led the gains, driving the index to new highs. Meanwhile, media, fast-moving consumer goods (FMCG), and public sector banks (PSU Banks) showed weakness, becoming the laggards in the market gkh

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